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, presiding over a country and economy that has technically gone over the fiscal cliff. at this hour, anthony, white house officials tell us the president is somewhat optimistic that republicans, despite their misgivings and reservations will find a way to either have an amendment process or come narrowly close to one but ultimately allow this senate compromise to come up for an up-or-down vote and the president, in confering with nancy pelosi, believed there are sufficient house democratic votes with a few republican votes to get this deal done. the vice president, joe biden, spent a lot of time with house democrats today. that was a very persuasive presentation, house democratic officials tell me. there are lots of votes on the democratic side. the question is can republicans provide enough on their side to get this deal done. the white house tonight is a bit hopeful. >> mason: major, is this an effort by vice president joe biden or is the president himself getting involved in making calls? >> the president is not making calls white house officials tell me-- for a prac
, presiding over a country and economy that has technically gone over the fiscal cliff. at this hour, anthony, white house officials tell us the president is somewhat optimistic that republicans, despite their misgivings and reservations will find a way to either have an amendment process or come narrowly close to one but ultimately allow this senate compromise to come up for an up-or-down vote and the president, in confering with nancy pelosi, believed there are sufficient house democratic...
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be sure to stay with abc 7 for complete coverage on the showdown over the fiscal cliff. for updates log on to our website, wjla.com. well have the latest at abc 7 news at 11:00. >> secretary soff state hillary clinton is staying in the hospital. she is doctors are using blood thinners to break up the clot. it was discovered during a brain scan on sunday. clinton who is 65 is to be released after doctors decide what dose she needs. >> same-sex couple in maryland say i do on the first day of legalized marriages. we were there when the first couple got married. just after the clock struck midnight the mayor officiated the first wedding. maryland is the first state below the mason dixon line to allow same-sex couples to marry. >> this is one of several in laws that take effect in our region. in what was a dry down in montgomery county is now allowed to serve alcohol. >> change is slow in manassas maryland and that is the way people who live here like it. a new law will shake things up in this quiet town. >> we had two great restaurants go out of business because they could n
be sure to stay with abc 7 for complete coverage on the showdown over the fiscal cliff. for updates log on to our website, wjla.com. well have the latest at abc 7 news at 11:00. >> secretary soff state hillary clinton is staying in the hospital. she is doctors are using blood thinners to break up the clot. it was discovered during a brain scan on sunday. clinton who is 65 is to be released after doctors decide what dose she needs. >> same-sex couple in maryland say i do on the first...
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year. >>> first up tonight at 6:00, breaking news on the fiscal cliff. talks on capitol hill. house republicans are meeting for the second time today to decide what to do with a bill passed in the senate early this morning. >> some house members don't like the deal because it doesn't include spending cuts. but if they opt to make changes, senate leaders say that there will be anyone around to vote on it. the issue would be left important the new congress to handle and whole process would start from scratch after the new members are sworn in later this week. jennifer johnson is live on capitol hill tonight with more on the back and forth we have seen all day today. jennifer? >> good evening. that's right. house went into session at noontime today. since then meeting after meeting but no vote. at this point it does not look like there will be a rote on the senate bill that passed at 2:00 a.m. this morning. it does not appear the house will vote on that bill. tense new year for john boehner as he meets with fellow republicans whether to okay the fiscal clif
year. >>> first up tonight at 6:00, breaking news on the fiscal cliff. talks on capitol hill. house republicans are meeting for the second time today to decide what to do with a bill passed in the senate early this morning. >> some house members don't like the deal because it doesn't include spending cuts. but if they opt to make changes, senate leaders say that there will be anyone around to vote on it. the issue would be left important the new congress to handle and whole...
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the fiscal cliff passed in the senate just hours earlier. under terms of the legislation taxes on the middle class will not go up. individuals earning $400,000 a year or more and households earning $450,000 a year or more will see the levels return to clinton are a taxes. >> i think that we've made gigantic prog gressments i hope that we can have a bipartisan agreement as we go forward. >> vice-president joe biden -- >> we are losing an opportunity for reform. >> reporter: opponents of the deal said it was done in haste. >> senator mitch mcconnell said this shouldn't be the model and the senate proceed like a bull in a china closet anyway. >> reporter: if the deal is passed in the house, the president is expected to sign this, killing the tax hikes. i'm elizabeth corey done reporting. >> the senate bill's lack of spending cuts is a concern. house majority leader eric cantor said this is not over yet. >>> the new year was also the deadline to apply for the state's homestead tax credit. december 31st was the deadline this get the application i
the fiscal cliff passed in the senate just hours earlier. under terms of the legislation taxes on the middle class will not go up. individuals earning $400,000 a year or more and households earning $450,000 a year or more will see the levels return to clinton are a taxes. >> i think that we've made gigantic prog gressments i hope that we can have a bipartisan agreement as we go forward. >> vice-president joe biden -- >> we are losing an opportunity for reform. >>...
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those stories, plus the latest on the fiscal cliff and how it on the fiscal cliff and how it chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. >> tina, i got up this morning, and i was thinking -- you know, i got up this morning, and i was thinking, i know it was supposed to be cold, but it was 45 degrees. >> it is usually in the 20's on new year's eve, so it was not bad. today we made it into the mid- 40's. maybe we will have a sprinkle on thursday. if you are going to be ravens game, same thing. it does not look like a storm. it does not look like it will affect the game. >> good. >> it will feel warm compared to last week in cincinnati. >> thank you for joining us. nbc nightly news with brian williams, coming your way next. +ç22
those stories, plus the latest on the fiscal cliff and how it on the fiscal cliff and how it chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. >> tina, i got up this morning, and i was thinking -- you know, i got up this morning, and i was thinking, i know it was supposed to be cold, but it was 45 degrees. >> it is usually in the 20's on new year's eve, so it was not bad. today we made it into the mid- 40's. maybe...
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cliff compromise passed overwhelmingly by the senate in the wee hours of this new year's day. good evening. i'm judy woodruff. >> suarez: and i'm ray suarez. on the newshour tonight, we get the latest on the stalemate plus we hear from republican tom cole of oklahoma and democrat chris van hollen of maryland. >> woodruff: jeffrey brown has an update on some of the areas hit hardest by superstorm sandy where recovery continues at a slow pace. >> suarez: we talk with journalist and author claudia kolker about her research into the "immigrant advantage." it's still without electricity, gas, sewers or water. and we continue our conversations with new members of the 113th congress. tonight the senator-elect from nebraska, republican deb fischer. >> woodruff: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. >> and with the ong
cliff compromise passed overwhelmingly by the senate in the wee hours of this new year's day. good evening. i'm judy woodruff. >> suarez: and i'm ray suarez. on the newshour tonight, we get the latest on the stalemate plus we hear from republican tom cole of oklahoma and democrat chris van hollen of maryland. >> woodruff: jeffrey brown has an update on some of the areas hit hardest by superstorm sandy where recovery continues at a slow pace. >> suarez: we talk with journalist...
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we'll hear what some of the couples say. >> the senate passed a del to avoid falling off the fiscal cliff, but now this lies in the house. >> komen maryland is struggling to raise money. why it's nearly a million dollars short. >>> maryland passed the seam -- same-sex marriage but today is the first day the
we'll hear what some of the couples say. >> the senate passed a del to avoid falling off the fiscal cliff, but now this lies in the house. >> komen maryland is struggling to raise money. why it's nearly a million dollars short. >>> maryland passed the seam -- same-sex marriage but today is the first day the
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. >> still no deal and the house on the fiscal cliff crisis. >> a great way to start off to new year. a maryland man is nearly $4 million richer after a trip to atlantic city. he has asked that his name be withheld, but we can tell you that he played a lot he slot machine. this is one of the largest jackpots in the casino's history. it looks like it will be a very, very good year for whoever you are. >> we began covering the nation with late breaking details over the scandal that rocked in state. the governor of pennsylvania plans to sue the insists he aa -- those sanctions were agreed to by the university back in july. they include a $60 million fine that would be used nationally to finance child abuse prevention grants. the governor is holding a press conference on this lawsuit tomorrow in harrisburg. doctors treating hillary clinton say they are confident she will make a full recovery. she did not suffer neurological damage from the blood clot that formed after she fell and got a conclusion -- concussion last month. that vein is right behind the right your. her doctor say that she
. >> still no deal and the house on the fiscal cliff crisis. >> a great way to start off to new year. a maryland man is nearly $4 million richer after a trip to atlantic city. he has asked that his name be withheld, but we can tell you that he played a lot he slot machine. this is one of the largest jackpots in the casino's history. it looks like it will be a very, very good year for whoever you are. >> we began covering the nation with late breaking details over the scandal...
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we'll be right back. >>> just in the last fiscal cliff alone. today's hero central, they celebrate with the life and what it can and be for survivors for the help of the northern coalition health of services. >> it is very scary. and never been by myself. they slipped trying to take the kids. >> reporter: four years ago she took the first step away from a life of domestic violence. >> my husband kicked me out. i have three kids. i'm going to a shelter and kind of a big place to be in. >> novaco is sed dated to help -- is dedicated to help victims recover from abuse. >> people get into a cycle of abuse without realizing and then it escalates. so it doesn't go away. somebody doesn't walk down the hall or into a house to hit somebody. it usually starts with yelling, screaming, manipulation. >> reporter: the first step towards breaking the abuse cycle is providing transitional housing. >> it was a three bedroom apartment. living room, dining room, two bathrooms. >> reporter: their wide network of the church and community sponsors, they provide many
we'll be right back. >>> just in the last fiscal cliff alone. today's hero central, they celebrate with the life and what it can and be for survivors for the help of the northern coalition health of services. >> it is very scary. and never been by myself. they slipped trying to take the kids. >> reporter: four years ago she took the first step away from a life of domestic violence. >> my husband kicked me out. i have three kids. i'm going to a shelter and kind of a...
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. >>> stay with news4 for the up-to-the minute on the information on the fiscal cliff. we will be monitoring lawmakers on the hill and have an update in the next half hour. of course, you can always get details on nbcwashington.com. >>> breaking news right now. related to the child sex abuse scandal involving former penn state football coach jerry sandusky. the governor of pennsylvania says he plans to sue the ncaa over sanctions it imposed against the team. the university agreed to the sanction last july. they included $60 million fine, that would be used nationally to finance child abuse prevention efforts. governor corbett objects to money being spent outside of pennsylvania. he scheduled to hold a news conference after filing the lawsuit tomorrow. >>> she is in good spirits and making excellent progress. that's what doctors have to say about secretary of state hillary rodham clinton as she gets treated for a blood clot in her head. it was found this weekend during an exam to check her recovery from a concussion she suffered after a fall at her home last month. docto
. >>> stay with news4 for the up-to-the minute on the information on the fiscal cliff. we will be monitoring lawmakers on the hill and have an update in the next half hour. of course, you can always get details on nbcwashington.com. >>> breaking news right now. related to the child sex abuse scandal involving former penn state football coach jerry sandusky. the governor of pennsylvania says he plans to sue the ncaa over sanctions it imposed against the team. the university...
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caller: i wonder why we call it the fiscal cliff and how did they get this far. obama presented four budgets to the senate. his senate rejected them all, overwhelmingly. then they did not come up with their own budget. by law they are supposed to. then the speaker of the house, he sends a wish list to the senate, expecting them to act, which he knows they're not going to. it sounds to me they are all worried about themselves. they are all politicking for reelection. fiscal cliff, we need term limits to get these people out of there that have been in their 10, 20 years. they are not doing the job for us. host: chad from fox news. his most recent tweet -- ken is in fort lauderdale. >> happy new year. i just wanted to say that first of all this policy was created by the republicans in the george bush administration. however, it goes back in time. let's stick with that. the republicans need to recognize they should be back in their own past president. i would like to say that when two policies -- i am sorry, when the democrats and republicans came into place 400 year
caller: i wonder why we call it the fiscal cliff and how did they get this far. obama presented four budgets to the senate. his senate rejected them all, overwhelmingly. then they did not come up with their own budget. by law they are supposed to. then the speaker of the house, he sends a wish list to the senate, expecting them to act, which he knows they're not going to. it sounds to me they are all worried about themselves. they are all politicking for reelection. fiscal cliff, we need term...
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and there's a new call for a vote on that senate deal to avoid the fiscal cliff. but it looks like the senate is done for now. >> the survivor of the massacre at sandy hook are preparing to take a new step towards returning to life in the classroom. >>> flames devour a church on new years's day. but it i might the faithful to come together. good evening and happy new we are. i'm jim handly. >> i'm angie goss in for wendy rieger. >> so close and yet so far. right now the country remains without a deal on the fiscal cliff. although the senate's solution passed by an overwhelming majority this morning, the process has come to a screeching halt on the house side. the number two republican in the house, virginia congressman eric cantor, says he cannot support the bill as it stands now. many republicans say that they are upset the bill doesn't do much to cut federal spending. democrats are demanding the vote but house speaker john boehner has not agreed to let members vote or amend the bill. >> that's fair enough. some have principled opposition. you also have to be pic
and there's a new call for a vote on that senate deal to avoid the fiscal cliff. but it looks like the senate is done for now. >> the survivor of the massacre at sandy hook are preparing to take a new step towards returning to life in the classroom. >>> flames devour a church on new years's day. but it i might the faithful to come together. good evening and happy new we are. i'm jim handly. >> i'm angie goss in for wendy rieger. >> so close and yet so far. right now...
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>>> we'll get back to the breaking news fiscal cliff drama in a moment. let's get to another important story, iran. another show of military force mainly because of where the action is taking place. chris lawrence has the details. explain what is going on, chris. >> well, these are just exercises, wolf, but you're right, the key is where iran is firing these missiles. 17 pill general barrels travel through the strait of hormuz. that's in a very narrow waterway that iran has threatened to blockade before. iran started the new year showing off new technology, including an upgraded missile designed to destroy missiles. helicopters, fighters and drones. >> this tells me more about their willingness to keep the pressure up, stay in a somewhat inflamed and confrontational mode. >> the test didn't dramatically move the ball for iran's technology but it sends a warning to the nations in the region regarding any attempted strike on iran's nuclear facility. >> short term they may actually like the idea telling us that they can escalate, to make us think it's not ju
>>> we'll get back to the breaking news fiscal cliff drama in a moment. let's get to another important story, iran. another show of military force mainly because of where the action is taking place. chris lawrence has the details. explain what is going on, chris. >> well, these are just exercises, wolf, but you're right, the key is where iran is firing these missiles. 17 pill general barrels travel through the strait of hormuz. that's in a very narrow waterway that iran has...
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cliff into flux because, as we have been discussing, a brand new congress is sworn in on thursday. the senate has said they're not likely to take up anything the house does to begin with and if the new congress is sworn in, the legislative slate is wiped clean and we start over. and there is mayhem and chaos surrounding markets and anger, if there can be any more anger and frustration toward washington because people's paychecks will be checked at a higher rate. let's review what's happened in the last ten days. john boehner and eric cantor put their plan "b" on a friday on the floor 69 house of representatives. it set the income threshold at $1 million over which you would be taxed at a higher rate. they wanted to do that because you simply can't beat something with nothing. they wanted to have something to send over to the senate to negotiate with in addition to what they had sent over last summer which was pretty much a nonstarter that they had recognized. that crashed and burned and went down in flames at which point john boehner said, look, it's up to the senate. they can nego
cliff into flux because, as we have been discussing, a brand new congress is sworn in on thursday. the senate has said they're not likely to take up anything the house does to begin with and if the new congress is sworn in, the legislative slate is wiped clean and we start over. and there is mayhem and chaos surrounding markets and anger, if there can be any more anger and frustration toward washington because people's paychecks will be checked at a higher rate. let's review what's happened in...
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listen in in my new year's message to washington, this entire fiscal cliff problem isn't just an isolated incident. it's representative of how partisanship and polarization have taken over congress. i'm 18. i used to be excited for the future. but i don't want to live in a country that doesn't have a successful working legislator. congress, it's time for you to remember what your purpose really is, get back to doing your job. >> resolution for washington is to get out of the middle east, learn to live on a budget like every other american does, and third thing is to reform the tax code. i think it's sickening to think politicians cannot get along, they're like cats and dogs. hope you guys have a good new year and hopefully we can get something done. >> all right. do you have a message? let us know your new year's resolution for washington. visit ireport.cnn.com. >>> new year, new law. several states have new rules going into effect. take a look at a few of those. those are next. [ male announcer ] this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice.
listen in in my new year's message to washington, this entire fiscal cliff problem isn't just an isolated incident. it's representative of how partisanship and polarization have taken over congress. i'm 18. i used to be excited for the future. but i don't want to live in a country that doesn't have a successful working legislator. congress, it's time for you to remember what your purpose really is, get back to doing your job. >> resolution for washington is to get out of the middle east,...
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. >> we went over the fiscal cliff. yep at midnight and then just a couple hours later, the senate came up with a solution. now it's off to the house. the house has to sign off. they will get back to work this afternoon. what's in the deal? well, it starts with the new income tax threshold. those folks agreed to let the taxes go up but only on the family who is make over $450,000 in combined income. the itemized deductions will also be capped at $300,000 for families. and the estate tax, that was a big sticking point for lawmakers, and now the tax rate goes up to 40% for estates that are valued over $5 million. so if you're under $5 million, you skated there too. other key points are an extension of the long-term unemployment benefits. the renewal of tuition and child care tax credits and then something called the doc fix. it reimburses doctors who take medicare patients. and what about the automatic spending cuts that were supposed to go into effect today? doomsday, yikes. they put those off. but only for two months. t
. >> we went over the fiscal cliff. yep at midnight and then just a couple hours later, the senate came up with a solution. now it's off to the house. the house has to sign off. they will get back to work this afternoon. what's in the deal? well, it starts with the new income tax threshold. those folks agreed to let the taxes go up but only on the family who is make over $450,000 in combined income. the itemized deductions will also be capped at $300,000 for families. and the estate tax,...
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most importantly it sets up three more fiscal cliffs over the next three months. when appropriation spending expires on march 27, when the debt ceiling has to be increased at the end of february, and when the sequester has to be dealt with at the very same time. so all we have done is to stumble forward and to an even less predictable situation with far fewer resources to invest in our nation and our children's future. thank you, mr. speaker. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from missouri seek recognition? >> mr. speaker, to address the house for one minute. the speaker pro tempore: without objection, the gentleman from missouri is recognized for one minute. mr. cleaver: thank you, mr. speaker. i don't particularly like the bill that's going to come to the floor. i'm going to vote for it. the reason is that i stumbling through one of those dollar general stores or whatever, trying to look at what last-minute gifts and i stumbled across this section that had gorilla glue and magic stick-um glue or whatev
most importantly it sets up three more fiscal cliffs over the next three months. when appropriation spending expires on march 27, when the debt ceiling has to be increased at the end of february, and when the sequester has to be dealt with at the very same time. so all we have done is to stumble forward and to an even less predictable situation with far fewer resources to invest in our nation and our children's future. thank you, mr. speaker. the speaker pro tempore: the gentleman's time has...
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they were up against the fiscal cliff. and the senate has acted to avoid a massive tax increase for every american. now it is up to the house, heather? heather: thank you very much. mike emanuel reporting live for us. i have a feeling we'll check back in with you once or twice today. >> reporter: thank you. sure. rick: just hours before the deal to avote the fiscal cliff, another financial crisis emerged right? treasury secretary tim geithner telling congress that the u.s. just reached its $16.4 trillion borrowing limit. he says the government is now employing, quote, extraordinary measures in order to avoid default, no word how lawmakers will resolve huge differences raising debt limit, the debt ceiling but it could be just a matter of weeks before the government defaults. heather: the supreme court's chief justice weighing in on the country's physical problems. saying the judicial branch gets a minuscule fraction of the nation's trillion dollar budget. it has already done its part when it comes to cost cutting. he is cal
they were up against the fiscal cliff. and the senate has acted to avoid a massive tax increase for every american. now it is up to the house, heather? heather: thank you very much. mike emanuel reporting live for us. i have a feeling we'll check back in with you once or twice today. >> reporter: thank you. sure. rick: just hours before the deal to avote the fiscal cliff, another financial crisis emerged right? treasury secretary tim geithner telling congress that the u.s. just reached...
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senate passed a soil to avoid the fiscal cliff. so the measure now goes to the house of representatives. president obama released a statement praising the senate vote saying -- >>> again, the house of representatives reconvenes at 9:00 this morning our time. coming up at 7:15, even if the house passes the senate bill, the contentious debate will continue in congress with more crucial deadlines in the coming weeks. >>> 7:03. highway 12 in solano county, it has reopened after a head-on collision. four people were killed. this happened about 9:00 last night near the river bridge on highway 12. this is east of rio vista. the chp hasn't given us details about what may have caused the crash or if alcohol may have been involved. >>> and law enforcement agencies were really everywhere during the night, cracking down, looking out for drunk drivers. dui checkpoints were set ulall over the bay area and chp officers were patrolling those highways. yesterday, the chp said the number of dui arrests were down compared to last year. but new number
senate passed a soil to avoid the fiscal cliff. so the measure now goes to the house of representatives. president obama released a statement praising the senate vote saying -- >>> again, the house of representatives reconvenes at 9:00 this morning our time. coming up at 7:15, even if the house passes the senate bill, the contentious debate will continue in congress with more crucial deadlines in the coming weeks. >>> 7:03. highway 12 in solano county, it has reopened after a...
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happy new year. >> happy new year. >>> we've been talking about it, the fiscal cliff deal's going down to the wire and neither side appears too happy with the result. is this business as usual in washington? >>> plus, more details on the prognosis for secretary of state hillary clinton. >>> and from binders full of women to clint eastwood's monologue, we look back at the year that was in politics with the dean of comedy. [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. [ female announcer ] for everything your face has to face. face it with puffs ultra soft & strong. puffs has soft, air-fluffed pillows for 40% more cushiony thickness. face every day with puffs softness. >>> in just a few hours, the house does come back into session. we expect them to take up that new senate fiscal cliff bill that
happy new year. >> happy new year. >>> we've been talking about it, the fiscal cliff deal's going down to the wire and neither side appears too happy with the result. is this business as usual in washington? >>> plus, more details on the prognosis for secretary of state hillary clinton. >>> and from binders full of women to clint eastwood's monologue, we look back at the year that was in politics with the dean of comedy. [ woman ] ring. ring. progresso. i just...
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happy new year. >> and to you, joe. >>> the senate missed the fiscal cliff deadline and it's not clear what the house will do. how are americans viewing the latest stalemate in washington? alison kosik taking the pulse of the public and with the clock running it's only appropriate she's at a new york diner. >> reporter:s that great diner because it doesn't only have people in here from new york but all across the country. we're getting lots of different opinions. the one comment seems to be frustration. >> definitely. i know that this morning they just delayed the decision again. a lot of it has to do with people being uninform ed. you can vote but realistically our options are pretty slim and that's kind of how i'm feeling. >> reporter: what about the option of voeting in the next election? >> there is that option but the candidates, i feel like it's a lose-lose in everything. >> reporter: what are your thoughts on what got done or away is getting done? is it enough? >> definitely not. it's just big fancy speeches and police cat rhetoric and it's day after day. it's easy to not pay at
happy new year. >> and to you, joe. >>> the senate missed the fiscal cliff deadline and it's not clear what the house will do. how are americans viewing the latest stalemate in washington? alison kosik taking the pulse of the public and with the clock running it's only appropriate she's at a new york diner. >> reporter:s that great diner because it doesn't only have people in here from new york but all across the country. we're getting lots of different opinions. the one...
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the last-minute deal that could avoid that "fiscal cliff." when we come back. ,, ,,,,,,,,,, to give a break cancer survivor a lifetime-- that's definitely a fair trade. whoo! you walk with friends, you meet new friends, and you keep those friendships. it was such a beautiful experience. (jessica lee) ♪ and it's beautiful ♪ undeniable (woman) why walk 60 miles in the boldest breast cancer event in history? because everyone deserves a lifetime. visit the3day.org to register or to request more information and receive a free 3-day bracelet today. ♪ building up from deep inside it was 3 days of pure joy. susan g. komen's investments in early detection and treatment have helped reduce breast cancer mortality in the u.s. by 33% since 1990. help us continue serving the millions of women and men with breast cancer who still need us every day. register for the 3-day now. (woman) it's just been an amazing, amazing journey. i love these people. ♪ and it's beautiful dance class, shopping, and more. so do something nice for it. chevron with techron
the last-minute deal that could avoid that "fiscal cliff." when we come back. ,, ,,,,,,,,,, to give a break cancer survivor a lifetime-- that's definitely a fair trade. whoo! you walk with friends, you meet new friends, and you keep those friendships. it was such a beautiful experience. (jessica lee) ♪ and it's beautiful ♪ undeniable (woman) why walk 60 miles in the boldest breast cancer event in history? because everyone deserves a lifetime. visit the3day.org to register or to...
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a quick look at the headlines beginning with breaking news on the fiscal cliff. the senate voted overnight approving a deal to head off tax increases on the middle class. under the agreement taxes would go up only on those making more than $400,000. the deal now goes to the house where a vote is expected today. >>> doctors in new york are giving new details about the condition of secretary of state hillary clinton. she's in the hospital being treated for a blood clot that formed near her brain. she's expected to make a full recovery. >>> icy conditions were a new year's eve hazard for air passengers in kansas city. planes had to be de-iced during a snowstorm at the airport. its forecast to remain cold through the week and drivers are being warned about the dangers of black ice this morning. >>> there will be storms and flooding along the gulf coast and into the carolinas today and very cold temperatures remain in the nation's midsection. >> that's the latest. >> all right now that we've put 2012 to bed. we want to find out what's going to be hot in 2013. lara act
a quick look at the headlines beginning with breaking news on the fiscal cliff. the senate voted overnight approving a deal to head off tax increases on the middle class. under the agreement taxes would go up only on those making more than $400,000. the deal now goes to the house where a vote is expected today. >>> doctors in new york are giving new details about the condition of secretary of state hillary clinton. she's in the hospital being treated for a blood clot that formed near...
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. >> the senate passes a bill to ease the pain of the "fiscal cliff." the one final hurtle to cross in the next couple of hours. >> reporter: tens of thousands lined up on the embarcadero to take in the new year's eve fireworks but police say some celebrations turned violent. we'll have the details in a live report. >>> and a ritzy new york couple busted with weapons and a bomb stash. but that's not all. the book that has police so concerned. keep it right here. we'll be back. ,,,, p [ female announcer ] pillsbury crescents on their own are fantastic but add some sauce, pepperoni and cheese and fold up the crescent dough...and presto! tuesday night just became crescent pizza pocket-tastic pillsbury crescents. let the making begin here's a better idea. pillsbury grands! flaky layers biscuits in just 15 minutes the light delicate layers add a layer of warmth to your next dinner. pillsbury grands biscuits dance class, shopping, and more. so do something nice for it. chevron with techron. care for your car. i'm grace lee michelle has the >>> america rings i
. >> the senate passes a bill to ease the pain of the "fiscal cliff." the one final hurtle to cross in the next couple of hours. >> reporter: tens of thousands lined up on the embarcadero to take in the new year's eve fireworks but police say some celebrations turned violent. we'll have the details in a live report. >>> and a ritzy new york couple busted with weapons and a bomb stash. but that's not all. the book that has police so concerned. keep it right here....
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. >> plus we avoided the "fiscal cliff." what this means though for everyone's paychecks. >> welcoming in the new year in the bay area full of celebrations and fireworks. but san francisco police say there were a few setbacks that some won't be able to leave behind in 2012. we'll have the details when we return. ,, ,,,,,, >> your realtime captioner: linda marie macdonald >>> over the cliff! a deal is struck in the senate at the 11th hour but passage in the house is far from certain. >> plus, celebrations more about violence. several people are shot in san francisco overnight. >> starting out partly cloudy and dry. actually can we say that? yeah, it is dry out there. looking good so far. will it stay that way? we'll talk about that coming up. >> and the roadways are quiet right now. live look at the bay bridge, so far, so good. >> good morning on this tuesday. it's the first day of 2013. i'm happy new year. i'm grace lee. >> i'm frank mallicoat. 5:00 on this tuesday. >>> congressional leaders have steered away from the "fisca
. >> plus we avoided the "fiscal cliff." what this means though for everyone's paychecks. >> welcoming in the new year in the bay area full of celebrations and fireworks. but san francisco police say there were a few setbacks that some won't be able to leave behind in 2012. we'll have the details when we return. ,, ,,,,,, >> your realtime captioner: linda marie macdonald >>> over the cliff! a deal is struck in the senate at the 11th hour but passage in the...
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after the fiscal cliff deadline had gone by. >> i think we can say we've done some good for the country. >> reporter: since lawmakers missed the midnight deadline nearly every american wakes up with higher taxes but congress can undo those tax hikes if the house passes the senate's bill. vice president biden, who was instrumental in brokering the deal, told reporters he's hopeful it can get through the house but you never know. >> you shouldn't predict how the senate will vote before they vote and number two, you surely shouldn't predict how the house is going to vote. >> reporter: it would extend tax cuts for all workers earning under $400,000 and raise taxes on people above that level and prevent a big tax hike in an estate valued at less than $5 million and extend unemployment benefits for 2 million people. the house will take it up later this morning, the hope is that chamber can pass it before the economy is rocked by the tax hikes. >> happy new year. i feel very, very good. >> reporter: president obama called the senate vote the right thing to do for the country and he encouraged
after the fiscal cliff deadline had gone by. >> i think we can say we've done some good for the country. >> reporter: since lawmakers missed the midnight deadline nearly every american wakes up with higher taxes but congress can undo those tax hikes if the house passes the senate's bill. vice president biden, who was instrumental in brokering the deal, told reporters he's hopeful it can get through the house but you never know. >> you shouldn't predict how the senate will vote...
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our starting point in the special fiscal cliff edition of "starting point" is breaking news, a fiscal cliff deal struck in the senate overnight. now our paycheck and the u.s. economy are in the hands of the house of representatives. this is the latest, a bill crafted by vice president joe biden and minority leader mitch mcconnell passed 89-6 margin just after 2:00 in the morning. the republican controlled house has agreed to consider it later in the morning but it is anyone's guess how that will go. if the house votes yes the measure would generate about $600 billion in new revenues over the next ten years. that is a big if, if you listen to what republican congressman phil gingrey said this morning. >> reporter: at one point the live and divide another day you have to dig in your heels and say by golly i'm going to die over this today because it's important to the people of my district and this country. >> are there enough votes in the house to pass this? it will take a combination of democratic and republican votes. if the senate measure does get through the house here is what the p
our starting point in the special fiscal cliff edition of "starting point" is breaking news, a fiscal cliff deal struck in the senate overnight. now our paycheck and the u.s. economy are in the hands of the house of representatives. this is the latest, a bill crafted by vice president joe biden and minority leader mitch mcconnell passed 89-6 margin just after 2:00 in the morning. the republican controlled house has agreed to consider it later in the morning but it is anyone's guess...
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on the fiscal cliff negotiations. i'm terrell brown in new york city. happy new year, everybody. this is the "cbs morning news." i'm terrell brown in new york ci city. happy new year, everybody. this is the "cbs morning news." n this old container smell fresh? describe the room. a big, open space. smells really fresh, man. oh! [ both laugh ] febreze? how about that? yeah. febreze anti-clogging technology keeps it smelling fresh. febreze. breathe happy. [ female announcer ] the gold standard in anti-aging. roc® retinol. found in roc® retinol correxion deep wrinkle night cream. it's clinically proven to give 10 years back to the look of skin. now for maximum results... the power of roc® retinol is intensified with a serum to create retinol correxion® max. it's proven to be 4x better at smoothing lines and deep wrinkles than professional treatments. new roc® retinol correxion® max. nothing's better than gold. >>> it's estimated that 25,000 african elephants are killed every year by poachers for their ivory tusks. a
on the fiscal cliff negotiations. i'm terrell brown in new york city. happy new year, everybody. this is the "cbs morning news." i'm terrell brown in new york ci city. happy new year, everybody. this is the "cbs morning news." n this old container smell fresh? describe the room. a big, open space. smells really fresh, man. oh! [ both laugh ] febreze? how about that? yeah. febreze anti-clogging technology keeps it smelling fresh. febreze. breathe happy. [ female announcer ]...
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starting new year off on the right foot. two hours after the nation plunged off the fiscal cliff. we'll tell you what's in and what's out and what chance the compromise stands. >> plus, from the crystal ball in times square to the annual traditions in your home. to the ways to stick to those one day old resolutions. we are celebrating the first day of 2013. >> and maryland makes history ash
starting new year off on the right foot. two hours after the nation plunged off the fiscal cliff. we'll tell you what's in and what's out and what chance the compromise stands. >> plus, from the crystal ball in times square to the annual traditions in your home. to the ways to stick to those one day old resolutions. we are celebrating the first day of 2013. >> and maryland makes history ash
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the daily news in new york has this front page -- back to these so-called fiscal cliff talks, and your take on it, rich in new jersey, an independent color -- caller -- caller: number one, thank you for taking a call from an independent. we are all americans. it troubles me that we have to get to this point before there is actually some kind of negotiation. i want our country to try and deal with the problems we have a rational basis to do what is best for everybody. republican or democrat, the way washington is one is out of control. these people cannot answer to anybody. i'm wondering why our politicians do not look at term limits, bringing other people in. i appreciate what a biden has done to be a moderator, but we have people in there who have been there -- i don't want to say centuries -- but too long. they live in a bubble away from what is normal people do in our daily life. i have to meet a payroll at my small-business, i have to put three or four children after a college education, and i do not get a day from any government program. i almost feel like our country is moving to
the daily news in new york has this front page -- back to these so-called fiscal cliff talks, and your take on it, rich in new jersey, an independent color -- caller -- caller: number one, thank you for taking a call from an independent. we are all americans. it troubles me that we have to get to this point before there is actually some kind of negotiation. i want our country to try and deal with the problems we have a rational basis to do what is best for everybody. republican or democrat, the...
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of the fiscal cliff. >> good morning and happy new year, andrea. frantic rush of negotiations leading through this holiday. there has been a breakthrough that could affect everyone's pocketbook, but it happened with time nearly running out. three hours before the midnight deadline and the vice president arrived on capitol hill. >> happy new year. did you think we would be here new year's eve? >> reporter: joe biden moved from key negotiator to his pa y party's closer, meeting behind closed doors with fellow democrats to make his case for his package. >> you shouldn't predict how the senate is going to vote before they vote. you won't make a lot of money and number two, you surely shouldn't predict how the house is going to vote. >> reporter: instead of sweeping tax increases for everyone, new higher rates would hit those making over $400,000 a year, $450,000 for couples. plus higher rates on savings, investments and large inheritances. overall, tax increases of about $600 billion over ten years. both parties compromised on taxes to mixed reviews. >
of the fiscal cliff. >> good morning and happy new year, andrea. frantic rush of negotiations leading through this holiday. there has been a breakthrough that could affect everyone's pocketbook, but it happened with time nearly running out. three hours before the midnight deadline and the vice president arrived on capitol hill. >> happy new year. did you think we would be here new year's eve? >> reporter: joe biden moved from key negotiator to his pa y party's closer, meeting...
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senate voted on a deal to avert the fiscal cliff. however, members of the house left capitol hill yesterday without voting on any proposal. so to break it down what it means we are joined by renee marsh in washington this morning. and we are a few hours removed from the senate passing the agreement. >> reporter: that's right. this happened in the wee hours of the morning. that vote happened around 2:00 in the morning. but it was a long night but when we saw vice president joe biden make his way to capitol hill, that's when many of the observers knew that the negotiators had really struck a deal and we were moving forward here. of course vice president joe biden as well as senate republican leader mitch mcconnell were key in negotiating this deal. they are being referred to as the closeers here. so this all happened last night. joe biden met with fellow democrats and briefed them on where they were as far as the compromise. legislation was then drawn up and the senate met arounded 2 -- did around the 2:00 hour and cast the votes and t
senate voted on a deal to avert the fiscal cliff. however, members of the house left capitol hill yesterday without voting on any proposal. so to break it down what it means we are joined by renee marsh in washington this morning. and we are a few hours removed from the senate passing the agreement. >> reporter: that's right. this happened in the wee hours of the morning. that vote happened around 2:00 in the morning. but it was a long night but when we saw vice president joe biden make...
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. >> and we have breaking news this morning regarding the fiscal cliff. a deal has been reached and passed by the senate at least. we still are waiting on the house. senate leaders approving the deal in an early morning vote of 89-8. we are not out of the woods just yet as the plan now heads to the house where its future is in the republican controlled body is uncertain. melanie alnwick is live with the latest on this situation. good morning. >> reporter: good morning. i don't have the house schedule just yet but i do know that the senate plans to come back into session at 2:00 this afternoon. one would assume that the house would also be working concurrent with that as well. house speaker john boehner did say that he and his leadership team and the rest of the republican caucus want to take a good look at the bill that the senate passed before they put it up for a vote but he did until that that vote could happen late today or perhaps early on wednesday. now, in the deal that was approved by the senate, income tax rates will stay the same for most americ
. >> and we have breaking news this morning regarding the fiscal cliff. a deal has been reached and passed by the senate at least. we still are waiting on the house. senate leaders approving the deal in an early morning vote of 89-8. we are not out of the woods just yet as the plan now heads to the house where its future is in the republican controlled body is uncertain. melanie alnwick is live with the latest on this situation. good morning. >> reporter: good morning. i don't have...
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senate has passed a deal to avoid the fiscal cliff. the white house reached an agreement with senate republicans late on monday on a deal to stop spending cuts from taking effect automatically. it's not just the fiscal cliff lawmakers have to worry about. the treasury department is taking steps to buy time. the vote to raise the debt ceiling sets the stage for another fight on capitol hill. doctors are confident hillary clinton will make a full recovery from a blood clot that formed inner hea her head. the clot did not cause neurological damage. >> gurd fax millions of americans and doctors say cases are on the rise. -- gurd effects millions of americans. donna hamilton has more. >> reflexing from the stomach into the esophagus. it is ok to have acid in your stomach but not in the esophagus. >> the doctor is talking about the reflux disease or gurd, treated most of the time with acid medications. >> in most situations, they work very well. you'll always have a small minority of patients that did not respond to acid medication alone. >>
senate has passed a deal to avoid the fiscal cliff. the white house reached an agreement with senate republicans late on monday on a deal to stop spending cuts from taking effect automatically. it's not just the fiscal cliff lawmakers have to worry about. the treasury department is taking steps to buy time. the vote to raise the debt ceiling sets the stage for another fight on capitol hill. doctors are confident hillary clinton will make a full recovery from a blood clot that formed inner hea...
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senate overwhelmingly passed a budget deal to avert the physical cat cliff -- fiscal cliff which would increase taxes and set into motion deep spending cuts. this is video of vice president joe biden after a meeting with top senate leaders. but the house of representatives has to vote on the measure. they left capitol hill yesterday without approving deals. so can congress get this done and finalize today? the deadline is passed and we could know by lunchtime today. here's ed payne with -- pain with -- payne with more on the story. >> reporter: at the stroke of midnight, many americans were celebrating and ringing in the new year. but the mood in washington was much more serious.vice president joe biden went to capitol hill monday night after senate leaders struck a deal with the white house. >> happy new year. >> reporter: the senate went back into session and around 2 a.m. the vote was in. >> the bill as amended is passed. >> reporter: in an 89-8 vow they approve a measure -- vote, they approveed a measure -- he proved a measure to keep bush era tax cuts for those earning less than 4
senate overwhelmingly passed a budget deal to avert the physical cat cliff -- fiscal cliff which would increase taxes and set into motion deep spending cuts. this is video of vice president joe biden after a meeting with top senate leaders. but the house of representatives has to vote on the measure. they left capitol hill yesterday without approving deals. so can congress get this done and finalize today? the deadline is passed and we could know by lunchtime today. here's ed payne with -- pain...
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but there was an early morning vote on a deal to get us off the fiscal cliff. in just a moment, exactly what senators agreed to and why we're not out of the woods just yet. first, welcome back to news4 today and happy new year to you folks. i'm aaron gilchrist. >> i'm erika gonzalez in for eun yang. >> there's a party. hundreds of people gathering for the annual first-night celebration in alexandria. fireworks lit up the sky in old town at the stroke of midnight there. a lot of fun for the whole family. children had a chance to get their faces painted, do a little dancing there. live music, lots of food as well. 2013 off to a bit of a chilly start. >> meteorologist tom kierein is on the storm team 4 weather deck. how about it, tom? pretty chilly out there? >> the revelers have gone to sleep. it's all quiet now here in northwest washington and it's calm and cold. starting off this morning, we've got a cloudy sky all over the region. as we take a look at the radar, we've had some sprinkles of light rain. those areas in green. passing mainly just south and southea
but there was an early morning vote on a deal to get us off the fiscal cliff. in just a moment, exactly what senators agreed to and why we're not out of the woods just yet. first, welcome back to news4 today and happy new year to you folks. i'm aaron gilchrist. >> i'm erika gonzalez in for eun yang. >> there's a party. hundreds of people gathering for the annual first-night celebration in alexandria. fireworks lit up the sky in old town at the stroke of midnight there. a lot of fun...
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in the new year sounds like the fiscal cliff all over again, right? that's because it is. >>> the markets are closed today for new year's but on monday wall street ended 2012 on a very high note. the dow jumped 166 points, finished the year up 7%. nasdaq really the leader here of 59 points yesterday. closed 201215% -- 2012 15% higher. >>> the health of the economy could influence whether a child picks up unhealthy habits. scientists found children who grew up during times of unemployment rates were high, were more likely to drink, smoke and use marijuana in their teens. doctors considered the study with kids born during recessions recessions. what they're finding is during recession, domestic abuse rises so a child growing up in a domestic abuse environment turns to drugs and alcohol. >> you wander if they had the same pattern in the '30s and '80s when we had other recessions whether we see this trend. >> this study looks directly at the 1980s and the recession of that times and the kids that came out of it. it's a small increase in drug use but it ju
in the new year sounds like the fiscal cliff all over again, right? that's because it is. >>> the markets are closed today for new year's but on monday wall street ended 2012 on a very high note. the dow jumped 166 points, finished the year up 7%. nasdaq really the leader here of 59 points yesterday. closed 201215% -- 2012 15% higher. >>> the health of the economy could influence whether a child picks up unhealthy habits. scientists found children who grew up during times of...
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new laws... and a last minute deal to avoid the fiscal cliff. 3 3 happy ew year!january 1st 2013 p,3 2013 is officially here... and including the leglizatiin of same see marriage here in maryl. maryland.tte mayor was n hand to perform the first same sex clock struck midnight. midnight.there yoo go you may kissladies and gentlemen i am marriage partners for ife life james scales and william taskkr were the first same sex couple to bee legally married in baltimore. ssales says that he can hardly believe that he is finally marrying his parrner of 35 02:13316 we've had good times and bad times and looking forward to what comes next nd its nice to know ill hav ea pprtner for the rest of our liv. lives. scales has worked for the baltimooe mayor's office for 25 years. aae-sex couples in maryland havv been able to get marriage licenses siice decemberr6th but they did ot take effect uutil todayy nine statee and the district of columbia have legaaized samm-sex marriage. 3 a fiscaa cliff deal... heads to the house for ffnal approval. sennte overwheeming approvee a laat- minu
new laws... and a last minute deal to avoid the fiscal cliff. 3 3 happy ew year!january 1st 2013 p,3 2013 is officially here... and including the leglizatiin of same see marriage here in maryl. maryland.tte mayor was n hand to perform the first same sex clock struck midnight. midnight.there yoo go you may kissladies and gentlemen i am marriage partners for ife life james scales and william taskkr were the first same sex couple to bee legally married in baltimore. ssales says that he can hardly...
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. >> we are following breaking news out of washington where the senate approved a fiscal cliff deal. they voted this morning around 2:00. 89 voted for and 8 voted against. the senate package will keep the expiring tax cuts in place for those earning less than 400,000 and couples earning less than 450,000. unemployment insurance will be extended a year to 2 million people. that heads to the house and for final approval that's expecteded morning or by -- expecteded this morning or -- expected this morning or by lunchtime. >>> thousands gathered to remember loved one who is couldn't be here. 216 people were murdered in baltimore city in 2012. last night, there was a vigil honoring them all. victims families politicians and faith community members stood together outside the war memorial building. the mayor explained even though other violent crimes are down, homicides in baltimore city are up. >> the people who we lost to violence on streets, our sons and daughters and brothers and sisters, the loss is trammingic to their families and to the city -- tragic to the families and the city. >
. >> we are following breaking news out of washington where the senate approved a fiscal cliff deal. they voted this morning around 2:00. 89 voted for and 8 voted against. the senate package will keep the expiring tax cuts in place for those earning less than 400,000 and couples earning less than 450,000. unemployment insurance will be extended a year to 2 million people. that heads to the house and for final approval that's expecteded morning or by -- expecteded this morning or --...
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the fiscal cliff deadline has past. but lawmakers in the senate have just passed an agreement, which would reverse those drastic changes. >> under the deal, taxes would go up only on those making incomes of $400,000 for individuals, $450,000 for couples. now the measure goes to the house for a vote. >> and the house reconvenes today at noon. and secretary of state hillary clinton remains in a new york hospital this morning after doctors discovered a blood clot that formed near her brain. she's being treated with blood thinners. she'll be in the hospital until the right dose can be worked out. >> clinton suffered a concussion in mid december. doctors say she's expected to make a full recovery. >> she's making excellent progress they say and lucky they found that in a routine mri. >>> well, it's all over in times square now, except for that massive cleanup. more than a million people crowding the famous intersection for the midnight ball drop. >> and at the stroke of midnight, tons of confetti dropped down, some had been
the fiscal cliff deadline has past. but lawmakers in the senate have just passed an agreement, which would reverse those drastic changes. >> under the deal, taxes would go up only on those making incomes of $400,000 for individuals, $450,000 for couples. now the measure goes to the house for a vote. >> and the house reconvenes today at noon. and secretary of state hillary clinton remains in a new york hospital this morning after doctors discovered a blood clot that formed near her...
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bus. >>> now to a news alert this morning. a fiscal cliff deal has been reached by the senate. this after members approved the deal early this morning in an 89-8 vote. >> the bill now heads to the house where its future in the republican-controlled body remains uncertain. melanie alnwick is live on capitol hill this morning with the latest on this situation. good morning to you. >> reporter: good morning to you. the deal making continue well into the night with the vote coming at 2:00 in the morning. as you said, the vote -- the bill passed 89-8. shortly after the vote, president obama said while neither decembers nor republicans got everything they wanted, this agreement is the right thing to do for our country and the house should pass it without delay. now, house speaker john boehner and his leadership team say they need it review the bill before putting it up for a vote. that could happen late today or perhaps wednesday. in the deal approved by the tonight, income tax rates will stay the same for most americans. individuals making $400,000 and couples making $450,000 will s
bus. >>> now to a news alert this morning. a fiscal cliff deal has been reached by the senate. this after members approved the deal early this morning in an 89-8 vote. >> the bill now heads to the house where its future in the republican-controlled body remains uncertain. melanie alnwick is live on capitol hill this morning with the latest on this situation. good morning to you. >> reporter: good morning to you. the deal making continue well into the night with the vote...
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news 4 continues right now on at 5:00 a.m. >>> we have gone off the fiscal cliff this morning. but all hope is not lost as congress and the white house move closer to a deal. >>> plus a historic new year's morning in maryland as same sex couples waste no time saying i do. good morning everybody. i'm aaron gilchrist. >> i'm erika gonzalez in for eun yang. welcome to news4 today. it is tuesday, january 1st. gorgeous -- i was going to say gorgeous night. no, gorgeous morning because i haven't slept. >> a lot of people are saying the exact same thing. gorgeous morning on this january 1st. it is cold. if you're heading out to maybe breakfast or you're just waking up. >> yeah. let's check the forecast now. here's tom. >> or just getting home. good morning and good night. as we start off this morning, we do have a lot of cloudiness. there is a front that's going to be approaching us later today. by the time you're waking back up again, you may have a few flurries flying outside your window. storm team 4 radar showing a few scattered maybe rain, sprinkles reaching the ground. eastern n
news 4 continues right now on at 5:00 a.m. >>> we have gone off the fiscal cliff this morning. but all hope is not lost as congress and the white house move closer to a deal. >>> plus a historic new year's morning in maryland as same sex couples waste no time saying i do. good morning everybody. i'm aaron gilchrist. >> i'm erika gonzalez in for eun yang. welcome to news4 today. it is tuesday, january 1st. gorgeous -- i was going to say gorgeous night. no, gorgeous...
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the fiscal cliff of course has been the big albatross the last few months. a big sigh of relief for stocks on the last day of the year. the markets enjoyed a late day rally in the final session of 2012. that helped to push the dow to a solid gain for the year. checking these numbers, we can do this with a smile on our face for the year. the dow rows 7.3% -- rose 7.3%. nasdaq was up 16% for all of 2012. the s&p 500 climbed 13%. the dow closed at 13,104 after surging 166 points or 1.3%. that gain broke a five-day losing streak and marks the biggest rally on the final day of the year ever. the nasdaq up by 59 points or 2% and the s&p 500 added 23 points or 1.7%. one of the biggest questions about the fiscal cliff has been what will it mean for our taxes and what we do know at this point, the deal hashed out between the white house and congress includes the first increases to top income tax rates in nearly two decades. they also set new thresholds for determining what rich is when we're thinking about rich while leaving most people's tax rates unchanged. 99% of
the fiscal cliff of course has been the big albatross the last few months. a big sigh of relief for stocks on the last day of the year. the markets enjoyed a late day rally in the final session of 2012. that helped to push the dow to a solid gain for the year. checking these numbers, we can do this with a smile on our face for the year. the dow rows 7.3% -- rose 7.3%. nasdaq was up 16% for all of 2012. the s&p 500 climbed 13%. the dow closed at 13,104 after surging 166 points or 1.3%. that...
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238
Jan 1, 2013
01/13
by
WBAL
tv
eye 238
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according to a list, the term that topped the list of what people do not want to hear is fiscal cliff. also included is guru and double-down. new year's eve is known as a dangerous time to drive. today is statistically the death this time of the year to take a walk. pedestrian deaths were the highest on new year's day and more that half of those killed had high alcohol level. stay on sidewalks and always crossed at designated cross walks. walk with a buddy. this is the bloomberg business report. >> a designated walker. all right. >> 5:23. 35 degrees at the airport. the most admired people and the world. >> don't forget to e-mail us your response to our water cooler question of the day. what are your resolutions for 2013? you can share your response at wbaltv.com and on our facebook page, or send us an e-mail to watercooler@wbaltv.com. >> 2012 was a record year for the movies. the latest edition featuring daniel craig has become the most successful james bond film of all time. it has been released in china where is expected to make even more money. who people admire the most in the wor
according to a list, the term that topped the list of what people do not want to hear is fiscal cliff. also included is guru and double-down. new year's eve is known as a dangerous time to drive. today is statistically the death this time of the year to take a walk. pedestrian deaths were the highest on new year's day and more that half of those killed had high alcohol level. stay on sidewalks and always crossed at designated cross walks. walk with a buddy. this is the bloomberg business...
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76
Jan 1, 2013
01/13
by
WBAL
tv
eye 76
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two hours after america went off the fiscal cliff. >> happy new year. >> reporter: vice president biden came to the capitol to sell the fix. he worked out with gop leader mitch mcconnell who spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing they would be going up on everyone. >> reporter: the senate voted to reverse are today's tax hikes on 98% of americans. but to keep the higher rate, on families making over $450,000. president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind, just last month, republicans in congress said they would never agree to raise tax rates on wealthiest republicans. >> reporter: only 5% said no. >> americans will wake up today to be sure that their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his might not go along. boehner sent republicans home to celebrate the new year without the fiscal cliff. >> everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house take
two hours after america went off the fiscal cliff. >> happy new year. >> reporter: vice president biden came to the capitol to sell the fix. he worked out with gop leader mitch mcconnell who spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing they would be going up on everyone. >> reporter: the senate voted to reverse are today's tax hikes on 98% of americans. but to keep the higher rate, on families...
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67
Jan 1, 2013
01/13
by
WMAR
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eye 67
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we have breaking news involving the fiscal cliff. just after midnight, the u.s. senate celebrated the new year by-passing a bill to avoid the cliff. and today, the house will take the vote sometime around noon. the sense in dc is most of the worst is now behind us. abc has latest from the nation's capital. >> reporter: as americans range in the new year the senate was in session in the middle of the night passing a bill after the fiscal cliff deadline went by. >> we have done some good for the country. >> reporter: since lawmakers missed the midnight deadline nearly every american wakes with up higher taxes. but congress can undo those tax hikes if the house passes the senate's bill. vice president biden who was instrumental in brokering the deal told reporters he is hopeful it gets through the house but you never know. >> you shouldn't predict how the senate will vote before they vote and number two you surely can't predict how house is going to vote. >> reporter: the bill would extend tax couples for those earning under 400,000 dollars and prevent a big tax hik
we have breaking news involving the fiscal cliff. just after midnight, the u.s. senate celebrated the new year by-passing a bill to avoid the cliff. and today, the house will take the vote sometime around noon. the sense in dc is most of the worst is now behind us. abc has latest from the nation's capital. >> reporter: as americans range in the new year the senate was in session in the middle of the night passing a bill after the fiscal cliff deadline went by. >> we have done some...